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Cheap Apartments for Rent in Chicago, IL from $400 with Washer/Dryer (288 Rentals) Page 5 of 6
Search the lowest-cost Apartments available for rent right now in Chicago.
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1 to 3 Bedroom Apartments
4128-34 W. Addison St. / 3601-03 N. Kedvale Ave
4128-4134 W Addison StChicago, IL 60641
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Studio to 3 Bedroom Apartments
Commonwealth on the Park Apartments
331 W Oakdale AveChicago, IL 60657
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$849 - $1,0201 to 3 Bedroom Apartments Contact Us For Availability
American Heartland Homes
7325 Linden PlHammond, IN 46324
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$1,145 - $1,270Studio Apartments Available Now
Evanston Neighborhood Properties
1316-1322 Chicago AveEvanston, IL 60201
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$1,164 - $1,8701 to 3 Bedroom Apartments Available Now
Douglas Pointe Apartments
5525 Hyles BlvdHammond, IN 46320
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$1,200 - $1,700Studio to 2 Bedroom Apartments Available Now
Clarence & Harrison Apartments
620-622 Harrison StOak Park, IL 60304
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Rent Specials
$1,3492 Bedroom Apartments Available Now
Boulevard North Townhomes
1936 E 167th StHammond, IN 46324
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$1,3502 Bedroom Apartments Contact Us For Availability
Hollywood Manor Townhomes
7500 Hohman AveMunster, IN 46321
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$1,405 - $2,353Studio to 1 Bedroom Apartments Available Now
The Bryant at Oak Park
1033-1045 Pleasant StOak Park, IL 60302
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$1,445 - $1,7601 to 2 Bedroom Apartments Available Now
Burbank Manor Apartments
97 Pinehurst CtBurbank, IL 60459
Chicago, IL Local Guide
How much does it cost to rent an apartment in Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chicago Studio Apartments | $1,921 | $550 | $7,500 |
| Chicago 1 Bedroom Apartments | $2,383 | $450 | $9,750 |
| Chicago 2 Bedroom Apartments | $2,919 | $750 | $10,000+ |
| Chicago 3 Bedroom Apartments | $3,625 | $800 | $10,000+ |
| Chicago 4 Bedroom Apartments | $4,056 | $1,040 | $10,000+ |
| Chicago 5 Bedroom Apartments | $8,566 | $1,925 | $10,000+ |
| Chicago 6 Bedroom Apartments | $16,515 | $850 | $10,000+ |
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Frequently Asked Questions about Cheap Chicago Apartments
What is a cheap apartment in Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chicago is under $850.
What is the price of a cheap apartment in Chicago?
The cheapest apartment in Chicago is The Talman Building which is listed at $850, while the average apartment in Chicago costs $6,985.
What types of apartments are the cheapest in Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,756 regular apartments in Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Chicago?
Cheap apartments in Chicago have an average cost of $462 which is $6,523 cheaper than the average rent for all rentals in Chicago.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!